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Algorand

Algorand (accumulation phase/recovery.)Algorand has hit it's "floor" at $1.50, which was a previous price marker, and has seen a healthy recovery since the dip. Algo is now seeing higher lows, with a possible touch to $1.70-$1.65 before it continues moving up. I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2. 40 . *additional trading journal notes: Algorand's Community Governance is coming October 1st, 2021. youtube link below: youtu.be
Long
by marcosdaunte
Algorand (accumulation phase/recovery.)Algorand has hit it's "floor" at $1.50, which was a previous price marker, and has seen a healthy recovery since the dip. Algo is now seeing higher lows, with a possible touch to $1.70-$1.65 before it continues moving up. I would expect some sideways trading between the pricing $1.90-$1.80. Resistance at $2.00 and $2.40. *additional trading journal notes: Algorand's Community Governance is coming October 1st, 2021. youtube link below: youtu.be previously published Algo ideas linked below:
Long
by marcosdaunte
Algorand (breakout coming!)Algorand is forming a large high and tight bull flag pattern, with a price target around $2.68 (on the low end) and $3.68 (on the high end.) At the time of writing this Algo has seen a drop of 11%, and could drop to 15%-25% (leaving a floor around $1.50). There could be a couple of reasons for this drop in price: normal crypto volatility , liquidation from leverage, recent options expiring and/or price manipulation. Additional Trading Journal Notes: Could Algorand see price peak at the dip around 5:55 A.M (09-20-2021) 🌕 *Bars Pattern copied from last dip, seen as blue bars. *The Salt Conference ended in N.Y, which set-up Algorand for heavy adoption (and the overall crypto market.) *Algorand Community Governance coming October 1st, 2021. Other related published ideas linked below and alternative chart patterns linked below:
Long
by marcosdaunte
Algorand (breakout coming!)Algorand is forming a large high and tight bull flag pattern, with a price target around $2.68 (on the low end) and $3.68 (on the high end.) At the time of writing this Algo has seen a drop of 11%, and could drop to 15%-25% (leaving a floor around $1.50). There could be a couple of reasons for this drop in price: normal crypto volatility, liquidation from leverage, recent options expiring and/or price manipulation. Additional Trading Journal Notes: Could Algorand see price peak at the dip around 5:55 A.M (09-20-2021) 🌕 *Bars Pattern copied from last dip, seen as blue bars. *The Salt Conference ended in N.Y, which set-up Algorand for heavy adoption (and the overall crypto market.) *Algorand Community Governance coming October 1st, 2021. Other related published ideas linked below and alternative chart patterns linked below:
Long
by marcosdaunte
Algo is Bullish to the bonesALGO IS SO BULLISH, it's forming not one falling wedge but two wedges (technically bullish patterns) 😀...No matter how you look at it it's bullish, with expectations to reach $2.80 min or $3.00 after the breakouts upwards. Algorand has been on an uptrend lately and topped charts as the best performer coin multiple times. With the price climbing to heights not seen since early April, showing significant volatility over the last week. As a project algorand is very good and of course you can hold for long term. (better days are coming for sure)! Good luck 🤞
BINANCE:ALGOUSDLong
by PatrickHob
9
Algorand's (ALGO) Bullish IndicatorsALGO or Algorand has one of the stronger looking charts in the crypto space With it's recent ascent from $1ish to $2.50ish, ALGO is currently undergoing some price correction What's nice about its ongoing correction is the Volume Contraction Pattern (VCP) on its daily volume, a bullish sign. The previous resistance that it broke, $1.80 ish, is now acting as support as evidenced by candles bouncing from this level whenever it nears that price Let's see how this will play out. Good luck!
COINBASE:ALGOUSDLong
by kevvela
2
Algorand (one last dip to $1.88?)Algorand is showing a large bull flag pattern, with a deadline around 09-20 to 09-21 with a price target around $2.60-$2.75. If Algo drops once more, I expect strong support around $1.86-$1.90 (floor). Algorand is forming a large Bull Flag Pattern, or a small cup-and-handle pattern (link to idea attached below). A double bottom has already formed (with a possible triple-bottom if it drops once more.) *follow the red-line in the flag pattern...
Long
by marcosdaunte
ALGO/USDT : Breaking out the trendline ! BINANCE:ALGOUSDT Hello everyone 😃 #ALGO has formed a descending triangle, The movement is marking to be bearish by the current bearish trendline. But there is an attempt to break above the trendline, Also after any correction to FIB's level; EMAs will support the movement and it should pullback from that points.. Have to mention that Volatility is being bullish too ! So there will be two bullish scenarios : - Break above the trendline at current point and volatility cause another bounce by the bullish crossover - Retest on lower EMAs and pullback from the support zones which has been merged with FIB's levels. 📚 Targets are mentioned on the chart, Potential +70% growth after a correction on FIB's levels ! 🔴 We might face more FUD news as #BTC is approaching the 50K's resistance again, So manage your risks and don't engage more than 4% of your portfolio on ALTs. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
23